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KH board to discuss Capella deal, Bethune property tonight

Posted: August 9, 2015 4:43 p.m.
Updated: August 10, 2015 1:00 a.m.

The KershawHealth Board of Trustees will use part of an executive session at the end of its meeting tonight to receive another update and more legal advice regarding the pending lease/purchase of the hospital by Capella Healthcare. Trustees will also discuss a possible property transaction with the city of Bethune.

The property transaction likely involves the Healthcare Place at Bethune at 103 Main St. South. The property is currently owned by the town of Bethune. Capella is proposing to spend $36 million to lease all of KershawHealth’s real estate and purchase its furniture, fixtures and equipment. It is possible KershawHealth wishes to purchase the Healthcare Place property so it can include it in the lease to Capella.

Capella plans to operate KershawHealth in collaboration with MUSC Health, the patient care arm of the Medical University of South Carolina. Recently, Capella asked the board to maintain its ownership of Karesh Long Term Care due, apparently, to Karesh’s ability to receive approximately $1 million in annual government benefits due to its status as a governmental entity. KershawHealth’s board is appointed by Kershaw County Council.

The board has voted several times to extend a letter of intent involving the Capella/MUSC deal from its original March 31 expiration date to, most recently, Aug. 31.

Trustees will also spend time in the executive session discussing an as yet undisclosed personnel matter.

During the open portion of tonight’s meeting, the board will:

• receive a quality update and report from Vice Chair Dr. Tallulah Holmstrom, who will conduct the meeting in Chair Karen Eckford’s absence;

• hear a report from CEO Terry Gunn;

• receive executive committee and contracts committee reports from, respectively, Holmstrom and Trustee Derial Ogburn; and

• hear a special presentation from Sam Levin.

Tonight’s meeting begins at 6 p.m. at the Health Resource Center on Battleship Road in Camden and is open to the public.

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